| |||||||||

Income Statement (USD) Annual | Quarterly | |||||||
|---|---|---|---|---|---|---|---|
| QUARTER ENDING |
|
31-AUG 2007 |
30-NOV 2007 |
29-FEB 2008 |
31-MAY 2008 |
31-AUG 2008 |
|
| Total Revenue | 25K | 1K | 3K | 13K | 0 | ||
| Cost of Revenue | 1K | 0 | 1K | 0 | 0 | ||
| Gross Profit | 24K | 1K | 2K | 13K | 0 | ||
| Research & Development | 741K | 1.25M | 2.26M | 1.85M | 1.11M | ||
| SG&A | 795K | 1.31M | 1.10M | 1.38M | 877K | ||
| Amortization & Deprec | 135K | 148K | 154K | -126K | 40K | ||
| Other Expenses | 91K | 64K | 133K | 348K | 275K | ||
| Total Operating Expenses | 1.76M | 2.77M | 3.65M | 3.45M | 2.30M | ||
| Operating Income | -1.74M | -2.77M | -3.64M | -3.44M | -2.30M | ||
| Other Income | 5.78M | 216K | -11K | 6.33M | 423K | ||
| EBIT | 4.04M | -2.55M | -3.65M | 2.89M | -1.88M | ||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | ||
| Interest Expense | 256K | 271K | 262K | 231K | 204K | ||
| Income Before Taxes | 3.78M | -2.82M | -3.92M | 2.66M | -2.08M | ||
| Income Taxes | 0 | 0 | 0 | 0 | 0 | ||
| Net Income from Continuing Ops | 3.78M | -2.82M | -3.92M | 2.66M | -2.08M | ||
| Income - Discontinued Ops | 0 | 0 | 0 | 0 | 0 | ||
| Extraordinary Items | 0 | 0 | 0 | 0 | 0 | ||
| Effect of Accounting Changes | 0 | 0 | 0 | 0 | 0 | ||
| Other Items | 0 | 0 | 0 | 0 | 0 | ||
| Net Income | 3.78M | -2.82M | -3.92M | 2.66M | -2.08M | ||
| Preferred Dividends | 0 | 0 | 0 | 0 | 0 | ||
| Net Income to Common | 3.78M | -2.82M | -3.92M | 2.66M | -2.08M | ||
| ||||||